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CITY OF BOSTON 



The Committee of both brandies of the City 

Council, on tlie Extension of Faneuil Hall Market, 

having executed the great work assigned them by 

that body, ask leave, respectfully, to make this 

their final 

REPORT. 

They have the satisfaction, in the first place, to 
state that the work is finished ; that every known, 
and, as it is believed, ever}^ existing just debt and 
demand, for land, labour, materials, or services of 
whatever kind, is settled. 

It now only remains for your committee to ren- 
der an account of their proceedings, to state their 
receipts and expenditures, and the general result 
of the whole undertaking. 

Before entering, however, upon this task, it will 
be proper, in order to obviate error, to recall to 
general recollection some facts connected with the 
origin and progress of this concern, which will 
tend to explain the different views which have 
1 









beVft, at different times, entertained and made pub- 
lic by this Committee and the City Council, in rela- 
tion to it. ^ 

The project of an extension of Faneuil Hall 
Market was presented for the consideration of 
the City Council, by a communication from the 
Mayor, on the 3 1st of July, 1823. At that time, 
and for some months afterwards, the proposed im- 
provement, although, then, thought to be of a suf- 
ficiently bold and extensive character, was, in fact? 
small and limited, in comparison with that which 
time has developed, and which is now executed. 

In its first conception, the project was limited 
by the Roebuck Passage and Merchants' Row on 
the west, — by the estates bounding southerly on 
the town dock, and including those estates, on the 
north, — by the street leading to Bray's Wharf on 
the south. Its easterly limit was restricted to Cod- 
man's and Bray's Wharves, as then existing. A 
building only 450 feet long, supported upon pillars, 
without chambers or cellars, and open on all sides, 
was the plan proposed for the market house. The 
first estimates were on this basis. At that time, it 
was not contemplated to connect the Long Wharf 
with the street east of the market house, although 
it was supposed that, at some future period, it 
would take place. In many other respects, the 
first design, in comparison ^vith that which has, in 
fact, been effected, was of an extremely contracted 
character. 



3 

As, however, purchases were made, and as ac-^ 
quaintance with the local relations of estates with- 
in the contemplated sphere of operations became 
intimate, the true interests of the city became bet- 
ter understood. Tiie project was, in consequence, 
greatly extended. It was carried beyond the an- 
cient course of the mill creek. The Roebuck pas- 
sage was widened to a thirty-five feet street. The 
great block of stores lying between the street 
leading to Bray's wharf and dock and Butler's 
Row, was comprehended in the plan ; and, last of 
all, the original scheme was connected with a 
street sixty-five feet wide, leading to the Long 
Wharf. 

During the period in which these changes in 
the original plan were effecting, a corresponding 
change took place in the building. A new eleva- 
tion of the proposed market house, one story high, 
with cellars, was projected ; and upon it a second 
series of estimates were made, having for their ba- 
sis the erection of such a building, of the length of 
about five hundred and twenty feet. 

Subsequently, the plan of the market house now 
built, was fixed upon ; the character and accom- 
modations of which are specified in the document 
marked (I). After the final settlement of the plan, 
the work was commenced and completed with as 
much expedition as circumstances and the nature 
of the undertaking would permit. 

It seemed proper thus to recur to these facts, 
attending the origin and first stages of this work, in 



4 

order that the causes might be recollected and un- 
derstood, which have occasioned, at different times 
and at length in the general result, a great differ- 
ence, both in point of expense and of public con- 
venience and benefit, exceeding any thing, at first 
contemplated. 

It soon became apparent to those who had the 
conduct of the undertaking, that an improvement, 
unexampled in its general character, and not to be 
paralleled for its public utility, and its probable finan- 
cial result, might be effected ; and that to this end, 
it was only necessary for those, entrusted with the 
authorities of the city, to seize the opportunity with 
a decision and fixedness of purpose, equal to the 
importance of the object proposed to be obtained, 
and to the happy concurrence of circumstances, 
which presented itself Your committee, therefore, 
have never hesitated to recommend, from time to 
time, the extension of this improvement, as the 
public interest and convenience became gradually 
developed. Nor has the City Council refused, as 
it is believed, in any one instance, to sanction their 
opinion, by granting the authority requisite to car- 
ry their purposes into effect. And it is also be- 
lieved, that there is not one of these recommenda- 
tions, thus sanctioned, which has not, so far as 
respects its general character, been ultimatel}" 
approved by a great majority of our fellow citi- 
zens. 

The spirit, which apparently actuated the City 
Council in relation to this improvement, has been 



careiVilIy observed and obeyed by this committee. 
Under its influence, nothing, which could give a 
pernifinent and convenient character to the work, 
has been omitted. In all their proceedings, the 
interest and honor of the city have been scrupu- 
lously considered and followed. They have there- 
fore spared, in the market house, which they have 
erected, no expense for convenience suited to such 
a building. Of tlic style in which it is fniishcd, of 
its accommodations and general efTect, 3'our com- 
mittee will say nothing, as they are well known to 
the City Council, and their fellow citizens. 

Whether, in these proceedings, the City Coun- 
cil, and, as their agents, this committee, have or 
have not consulted the honor and best interests of 
the cit} , they cheerfull}' submit to the decision of 
an enlightened community ; and whether the expen- 
ses incurred, and the debt created by them, bs not 
greatly outweighed by the benefits already experi- 
enced, and which must hereafter be more exten- 
sively realized, in consequence of the success of 
this great project, they also cheerfulh' submit to 
the decision of the same enlightened tribunal: 
after the account they are now about to render and 
the actual results they are now about to state, shall 
have been considered. 

This committee was first appointed on the ninth 
of March, 1824. Since that period, there has been 
under their control a fund, resulting from loans, 
made from time to time, under the authority of the 
City Council, from sales of lands purchased, from 



rents, and all incidental sources of every nature^^ 
amounting to the gross sum of % J, 14 1,272 33 cts. 
For this sum, this committee are accountable. And 
for it they account in the following manner, con- 
formably to the City Auditor's statement marked 
(A.) hereto annexed. This sum has been expended 
in the following proportions, so far as it was prac- 
ticable, in a general work of this character, to sep- 
aiate expenditures among distinct objects. 
For purchasing estates, paying ten- 
ants, for removing and surrendering 
leases, surveying and drawing plans ^879,754 69 
Professional services of sundry coun- 
sel, for investigating titles, draAving 
deeds, services before referees and 
before courts, including all charges 
connected with legal business - 2,351 63 

Filling docks and streets to the pav- 
ing level - - - - - 42,378 78 
Paving and finishing streets 11,598 64 

Common Sewer, Reservoir, Well, and 

Pumps - - - - - 2^484 13 

Erecting the New Market house, in- 
cluding all materials and labor, and 
services of architect - - 149,158 75 

Interest paid on stock issued, and on 
all monies borrowed, from the com- 
mencement of the improvement up 
to this time - - - - 46,979 84 

Miscellaneous expenditures, including 

salary for superintendent, charges 

Amoimt carried foncdi'd, 1,134,706 46 



Jlmonnt brought forivard, 1,134,706 40 

on auction sales, services of watch- 
men, and other small items - - 6,565 87 

Making the above sum for which the 

committee are accountable $1,141,272 33 

It appears by the said annexed statement of the 

Auditor, marked (A.) that the above expenditures 

have been made from the following general sour- 
ces. 

1. By the issue of stock, being the 
present amount of the debt incur- 
red by this Committee in the ex- 
tension of Faneuil Hall mar- 
ket, and, all the improvements con- 
nected therewith - - - $608,475 00 

2. By cash, being the amount of mon- 
ies received from various sources, 
and specified in the Auditor's state- 
ment marked B. hereto annexed 532,797 33 

Making also the above stated amount 

for which this Committee now ac 

count - - . . 81,141,272 33 

By the above statement it appears that the pro- 
ceedings of this Committee have created a city 
debt amounting to the sum of $608,475 00 

It remains for this Committee to show the funds 
their proceedings have provided, and which have 
been delivered over to the Treasurer, and vested 
in the city, for the extinguishment of this debt ; and 
the equivalent their proceedings have also provid- 
ed for any balance of the above debt, which may 



leiiuiin after deducting the amount of tlie fund;* 
thus delivered over. 
Uinler this head they stale, that they 
have placed in the hands of the 
Treasurer of the City, as appears by 
liis receipt annexed, marked (F.) in 
notes of hand ; all of which are am- 
ply secured by mortgage — the sum 
of ;S219,709 82 
They have also transferred to hiai a 
perfectly good, but uncollected de- 
mand, for slate sold, amounting to 615 37 
In addition to this, as appears b}^ the 
statement of the City Treasurer, 
marked (G.) the city have already 
received, in interest on moneys here- 
tofore loaned by this Committee to 
the Treasurer, the sum of - 3,945 55 
Constituting a gross available fond, de- 
livered over to the city by this ^ 

Committee, amounting to - $224,270 74 

In this connection, your Committee farther state 
that the}'^ have vested in the city, by their proceed- 
ings, a tract of land, lying North of the block of 
stores on North Market street ; — and which the 
city have nov>^ for sale, situated in the following 
manner, and having the following marketable rela- 
tions. 

This tract of land bounds Northerly on Ann 
street 68 feet — Westerly on Mercliants' Rovr, near 
t!ie Northerly entrance of the late Roebuck pas- 



sage 61 feet — Southerly on a new street to be laid 
out, under a resolution of the City Council, for- 
ty feet wide, in the rear of the said block of 
stores on North Market street, there measuring; 
260 feet. The above forty feet street being con- 
nected with a new street called Second street, fifty 
feet wide, leading to Shaw's wharf, or Richmond 
street. This (Committee have also vested in the 
city two other tracts of land, in the vicinity of the 
former, and situated on the opposite side of the 
Mill Creek, each bounding on the last mentioned 
fifty feet street; the one 78 feet, and the other 40 
feet. An inspection of the plan of these tracts will 
satisfy any one, of their great, and increasing rela- 
tive value. 

They contain 26,517 square feet of land, — are 
capable of being laid out into fourteen, or fifteen, 
store lots, some of them little inferior, in point of 
value, to any in the city, and all of them of great 
marketable value. 

After consultation with several gentlemen con- 
versant with the present value of real estate, your 
Committee have concluded to estimate them at 
four dollars the square foot* — A price, which, 
considering the above circumstances, and, 
taking into view the great advantage the city 
sesses, in selling lots of this kind, by the extei 
of the time of payment, it cannot reasonably, 
questioned these lots will produce. They tli 
fore estimate them short of that price, viz 

,$100,000, 

2 



10 

Under the bead of funds available for the extin- 
guisf ment of the city debt created by the proceed- 
ings of this Committee, they farther state that their 
said proceedinajs have vested in the city, wharf- 
rights and flats, lying Eastward of the New Mar- 
ket, containing more than 140,000 square feet, 
which now produce an annual income of six thou- 
sand dollars ; for which they have been already of- 
fered one hundred thousand dollars, but which, in 
their opinion, are of greater value. In order how- 
ever, to prevent all objection, they estimate the 
above wharf-rights and flats, only at the last men- 
tioned sum, viz. $100,000. Deeming it unques- 
tionable that both these species of property can- 
not be estimated, by any intelligent and impartial 
man, at less than S200,000, — the sum at which 
the Committee estimate them as above. 

The result then of the entire operations of this 
Committee is as follow s ; 
They have created a city debt a- 

mounting, in the whole, to $608,475 00 

The} have delivered over to 
the city an available and 
productive personal prop- 
erty, amounting to g!224,270 74 
7 have vested in the 
y marketable real prop- 
ty as above stated and 
escribed, of the unques- 
onable value of 200,000 



lount carried forward, 424,270 74 



11 

Amount brought forward,^ 424,270 74 
All of Avhicli may, if the city 
will, be immediately ap- 
plied to the extinguish- 
ment of said debt. 
It follows that the only bal- 
ance of debt, created by 
this Committee, for the 
payment of which they 
have not provided funds, 
amounts to the sum of 134,204 26 

§608,475 00 

From the preceding statement it also follows 
that the only real debt, in which the proceedings 
of this Committee have involved the city ; — that 
is, the only debt, for which they have not provided 
funds, is the above amount of 8)84,204 26 cts. In 
other words the whole cost to the city of all the 
improvements they have made, of the streets they 
have laid out, — of the land under the Market house, 
and of the Market house itself, is only the sum last 
abovementioned 

Your Committee, considering the well known 
character of this improvement, — its greatness, — its 
beauty ; — above all, its convenience and utility, ap- 
prehend that it is not necessary for them any far- 
ther to illustrate the result of their proceedings, or 
to enter into particular details concerning the na- 
ture of the equivalent those proceedings have giv- 
en to the city, for the actual balance of debt crea- 
ted by them and unprovided for, as above stated. 



12 

The simple statement above made, they cannot 
question will be entirely satisfactory to every in- 
telligent and impartial citizen. When, however, 
your Committee Reflect that, in the course of near- 
ly three years, during which this improvement has 
been in progress, they have had to encounter the 
doubts of the cautious, the fears of the timid, the 
asperities of the interested, and the cavils of the 
captious, a sense of duty to themselves, to the City 
Council, and to the community, demands from 
them a somewhat more enlarged exhibit than that, 
which they have already given ; and one which 
shall present more distinctly, and in detail, the 
benefits resulting from their operations, and the 
real effects, in a financial view, thus produced on 
the pecuniary relations of the city. Amid all the 
objections and censures, to which, from time to 
time, they have been exposed, they have looked, 
w^ith confidence, to this final result of their labors, 
for their complete justification. And while, both 
as individuals and as a Committee, they are happy 
in the consciousness of having executed this great 
trust, with a strict and single regard, in every in- 
stance, to the true interests of the city, swaye d by 
no personal or local favoritism, they deem it their 
right as well as duty, that all the great benefits re- 
sulting from their operations should be known and 
realized by their fellow citizens. 

For this purpose they ask leave to state three 
distinct views of these results. 



13 

First view. — The Committee have involved the 
city in a debt of one hundred and eighty-four thou- 
sand dollars. To indemnify the city for this debt ; 

1st. '.rhey have vested in the city a Market 
Iiouse, which has cost, (stated in round numbergi,) 
the sum of Si 50,000. Its style of architecture, 
general character and accommodations, are well 
known. It has been thought proper, however to 
annex to this report the arcliitect's specification of 
particulars; which appears in the document mark- 

ed (I.) 

2d. They have vested in the city six new streets. 

1. South Market street, of the width of 102 feet. 

2. North Market street, and also 3. a street leading 
from the Long Wharf, each 65 feet wide. 4. A 
street North of the block of stores bounding 
on North Market street, 40 feet wide. 5. The 
Roebuck passage, widened to a 35 feet street. 6. A 
street South of the block of stores, bounding 
on South Market street, also 40 feet wide. 

These streets contain, as appears by the state- 
ment of Stephen P. Fuller Esq. annexed, marked 
(H.) A quantity of land amounting in the whole to 

166,935 square feet. 
The land covered by the 3Iar- 
ket house contains, as ap- 
pears also by said Fuller's 
statement, 27,012 square feet. 



Making a gross amount of 193,947 
square of land, vested by the operations of 



14 

this Committee in the city, in streets and in the 
Market lot. 

Now your Committee state, with confidence, 
their belief, that, if previously to the commence- 
ment of these operations, there had been offered to 
the city this number of square feet of land, laid out 
in streets, according to their present location, and 
a Market lot, such as the city now possesses, at the 
price of one dollar the square foot, there is no ju- 
dicious man in the city, who would not have glad- 
ly acceded to the proposal, and considered it a 
great boon. 

In this view of the result of their proceedings 
then, the Committee submit to their fellow citizens 
whether they exceed, in any respect, the facts, 
when they state that their opeR.tions have vested 
in the city, land in streets and in the Market lot, 
ofthe value of - - - - $193,947 
If from this amount the actual debt, in 

which they have involved the city be 

deducted,\'iz. - - - 184,204 26 



A net balance is left of - - $ 9,742 74 

of value, in land, above the actual 
debt created. 

In other words, if the committee be allowed to 
take credit for the land as above actually vested in 
the city, the market house, which cost $150,000 
and which, estimated by its rents, as will hereafter 
be shown, is worth $500,000, is a clear gain to the 



15 

city ; to say nothing of other advantages result- 
ing from their operations. 

Second view. In this your committee will have an 
exclusive reference to a comparison of the annual 
interest to be paid, and the annual income to 'oe 
received, from the result of all their operations. 

1st. It appears by the auditor's statement mark- 
ed (A.) that, in the course of their })rocecdings, 
this committee have paid all the interest, which has 
accrued, on stock issued, and on monies borrowed 
from the commencement of the improvement to 
the present time. 

It foUoivs that not one cent has ever yet been ad- 
ded to the taxes or burdens of the city, by any of 
the proceedings of this Committee. 

2d. Again, it appears by the auditor's statement 
marked (C.) that the whole of the annual interest 
of the debt, contracted for the city by this commit- 
tee, is S3 1,622 95 cents. 

This then is the whole annual amount of inter- 
est which the city icill ever, at any time hereafter, 
have to pay, in consequence of the debt created by 
this committee. 

To meet this annual amount of interest, this 
committee have provided and vested in the city, 
the following property, now productive of an an- 
nual interest and income, as follows, viz : 
1. The interest annually accruing on 

the notes transferred by this com- 
mittee to the city, as appears by the 

auditor's statement (C.) - - $11,10923 
Jtnoimt carried fortvard, 11,109 23 



16 

rlmount brought forward, 11,109 23 

2. Rents of the floor and cellars of the 

New Market house - - - 26,000 

3. Annual income from the City 
Wharf 6,000 



Thus it appears that an annual in- 
come of - - - - - $43,109 23 
lias been delivered over to the city to pay an an- 
nual interest of ... - g31,62295 

It follows that, not only, as was just above 
shown, no addition has ever, as yet, been made to 
the taxes or burdens of the city, Ijy the pro- 
ceedings of this committee, but also that, as is now 
shown, no addition can ever, hereafter, be made to 
the taxes or burdens of the city, by any of those 
proceedings. 

The income they have provided is adequate to 
pay, forever, the interest of the debt they have cre- 
ated. 

Third view. The city has been made to incur 
a gross debt, by the proceedings of this committee, 
amounting to - - - - $608,475 00 

This debt bears an annual interest, as 

above stated of - - - 831,622 95 

This is the whole burden cast upon the city by 
their entire operations. As an offset and full 
equivalent for this burden, your committee finally 
state, what they apprehend to be the fair financial 
view of the result of their proceedings. 

1. They have vested in the city a market 
house, and lot of land covered by it, which now 



17 

produces an annual rent, notwithstanding only its 
lower floor and cellars have as yet been leased, 
of the sum of Se6,000 

Nor can it be questioned, when the remaining 
rooms and chambers shall be leased, as they readi- 
ly ma}', unless the city choose to retain them for 
purposes of a more general character, that they 
will produce the sum of - - - ;S3,000 

In other words, the whole market house may ea- 
sily be made to produce a sum equal to twenty 
nine thousand dollars. 

An income of this kind, derived from such a real 
estate, abundantly authorizes this committee to 
state the value of the market house, considered 
as a productive property, at - $500,000 

2. They have vested lands in the 
cit}', as hereinbefore stated, lying 
north of the block of stores, 
bounding on North Market Street, 

of the value of . . . 100,000 

3. They have also vested in the city 
wharf rights and flats, as above sta- 
ted, of the value of - - - 100,000 

4. They have transferred, in good 
notes and demands, to the City 
Treasurer, on his receipts, (Docu- 
ments F. and G.) the sum of 220,325 19 

And a balance of interest due from 

the city to this committee, of 3,945 55 



Amount carried fonvard. J?924,270 74 



rs 

Amount brought forward, $9^24,270 71 
The committee, therefore, confidently 

state, the fair value of the real 

and personal property, vested, by 

their proceedings, in the ciiy, to be 

the sum of - - - - ^924,270 74 
If, from this, be deducted the amount 

of the city debt, created, as above 

stated, amounting to - - 608,475 00 



It follows, that there remains a bal- 
ance amounting to the sum of ;S3I5,795 74 
This balance, your committee apprehend is, on 
a fair estimate of the real value of the property 
transferred, or vested by them in the city, a clear 
gain to the city, after payment of every debt incur- 
red by this committee ; without taking into view, 
or claiming any allowance for land in streets, or 
other incidental advantages, ensuing from this im- 
provement. 

A scarcely less favourable result to the finances 
of the city, will arise from a comparison of the in- 
come justly to be expected from the whole amount 
of property thus transferred to, and vested in, the 
city, with the annual amount of interest the city 
will have to pay on the debt created by this com- 
mittee. 

The annual amount of present income derived 
from that property, has been shown to be the sum 
of 43,109 23 



dmount carried forward, 43,109 23 



19 

Amount brought forward ^43,109 23 

Te this will be added, whenever the 
chambers of the new market house 
shall be leased, a sum, certainly not 
less than ----- 3.000 

And also, whenever the land north of 
the north block of stores abovemen- 
tioned, shall be sold, for interest 
upon the estimated sales - - 5,000 



The income to be reasonably expect- 
ed to be derived from the whole 
property abovementioned, will a- 
mount annually to the sum of ;^51,109 23 

If from this amount be deducted the 
amount of the annual interest ac" 
cruing on the city debt created by 
this committee - - - 31,622 95 



There will remain a clear balance, or 
excess of annual income, after pay- 
ment of the whole annual interest 
on that debt, amounting to - S 19,486 28 

Last of all. It appears by the Audi- 
tor's statement marked (D.) that 
the whole funded debt of the city, 
exclusive of that created by this 
committee, amounts to the sum of $384,800 

It appears, also, by the same state- 
ment, that the annual interest paid 
on said debt, amounts to the sum of $18^508 00 



20 

It follows iroiiii the preceding facts, that the ex- 
cess of the fair estimated value of the property 
transferred to, or vested in, the city by this com" 
mittee, after the debt it has created is deducted, 
amounts to a sum not far short of the whole re- 
maining debt of the city ; bearing to it the propor- 
tion of 315 to 384. 

It also follows that the excess of the annual in- 
come, remaining, after payment of the annual inter- 
est on the debt created by this committee, is more 
than sufficient to pay the entire interest of the re- 
maining city debt. 

In making these statements your Committee have 
not considered, nor made any account of the objec- 
tion that the income, formerly received from the 
old Market, should be deducted from the income 
now received from the new ; because they deem it 
neither solid nor reasonable. The real property 
formerly occupied as a market, remains in the city ; 
and is capable of being applied to uses probably 
as productive as the former were. 

The whole income from the old market, amount- 
ed, on an average of four years, as appears by the 
Auditor's statement marked (E.) to a sum little 
exceeding $12,000. 

It cannot be questioned that Faneuil Hall lower 
floor, may be made to produce annually a sum 
nearly, if not quite, equal to $6,000. 

The square on the West front of Faneuii Hall, 
where the mutton stalls formerly stood, is capable 
of a proportional productive occupation. The 



21 

iianie may be said of )lie land East of Odin's block, 
formerly occupied by fruit dealers. This and oth- 
er real estate belonging to the city, in thrtt vicinity, 
which has been, by these operations, relieved from 
its former occupation, and made free for other uses 
to the city, may be made probably productive 
of an income equal to the former receipts from 
the old market. If the city choose to keep 
these spaces open for purposes of health, conve- 
nience or ornament, no reason thence arises for 
deducting any thing, on account of the amounts 
formerly collected in the old market, from the re- 
ceipts now actual!}' accruing in the new. 

Nor have your Committee taken any particular 
notice, in this report, of the land in front of Ham- 
mond's and Faxon's stores, formerly in the square, 
nor of any contested and disputable right the city 
formerly possessed in the Town dock, because the 
marketable value of that land was wholly derived 
from the operations of this Committee. Nor, on 
the other hand, have they claimed any credit for 
paving streets, opening the Roebuck passage, and 
a street to the Long Wharf, for the general ac- 
commodation of the citizens, and particular!}- of 
those in the North section of the city; nor for com- 
mon sewers, reservoirs, pump and well ; nor for 
land thrown into the street to widen Merchants' 
Row, in front of the new market and Sontli block 
of stores. All these, thoughpropcrdy cliargeabic to 
the general funds of the city, have been paid out 
of those resulting from this improvemcnl. and nr*^ 



iiioi c than an equivalent for a marketable value ex- 
isting in the dock and square above alluded to, 
previous to its commencement. The City Coun- 
cil will perceive that the sole object of the Com- 
mittee in this report, is, to account for the funds, 
with which they have been entrusted, and to state, 
distinctly, the results of all their operations. Nei- 
ther minor local rights, which the city formerly 
possessed in the sphere affected by this improve- 
ment, nor minor local advantages, derived from the 
proceedings of this Committee, are objects impor- 
tant enough to be estimated in this report. The 
purposes of this Committee will be fully answered, 
if they shall satisfy tlieir fellow citizens of the ben- 
eficial effect of this undertaking, on the pecuniary 
relations of the city ; and that its financial, is not 
less satisfactory, than its local and architectural re* 
suit 

If the great bod}-^ of our fellow citizens shall be 
satisfied, as it is believed they will, that this noble 
improvement has been completed, not only without 
any addition to the present taxes, or burdens of the 
citizens, but also, without the possibility of any ad- 
dition, in future time, on this account, to their taxes 
or burdens ; and, on the contrary, that it has aug- 
mcnted, ifi no inconsiderable degree, the real and 
productive property of the city ; — all the objects 
vour Committee proposed to themselves, in this 
elucidation, will have been attained. 

In conclusion, they will only add, that they claim 
for themselves no peculiar merit on account of the 



23 

greatness of these results. They were the con- 
sequence, chiefl}^, of temporary and local circum- 
stances, of which the City Council had the good 
fortune to take advantage. Your Committee cl aim 
no other merit than what arises from fulfilling, 
with earnestness and fidelity, the trust reposed 
in them. 

The success of this undertaking is chiefl}'^ attrib- 
utable, first, to the unshaken firmness and unanimi- 
ty, with which every succeeding City Council, 
since its commencement, have pursued and enlarg- 
ed the original design. Next, and above all, to the 
favor, with which, at an early period, it was receiv- 
ed by the great body of our fellow citizens in Fa- 
neuil Hall, and the encouragement and confidence, 
which they have extended to this Committee, in 
every stage of its progress. 

Signed by the unanimous order of the Com- 
mittee. 

JOSIAH QUINCY, Chairman. 

Boston, JVov. 13, 1826. 



Statement j1. 

It appears by the books of the Committee on the Exten- 
sion of Faneuil Hall Market, that the whole amount of fmids 
made use of by the Committee, is $1,141,272 33 

Which have been disposed of as follows, viz ; — 
For the purchase of Estates; — including 
payments to tenants for surrendering leas- 
es, and removing ; aad the expenses of sur- 
veying and drawing plans, - - 879,754 69 
For professional services of sundry Counsel, 
inv-estigating titles to Estates, drawing le- 
gal instruments, services before referees, 
and in court ;-and for all legal business 
in connection with this improvement - -- 2,351 63 
For filling up docks and streets, to the pav- 
ing level - : - - - - - 42,378 78 
For paving and "finishing streets - - 11,598 64 
For Common Sewer, Reservoir, Well, and 

Pump - - - . _ - 2,484 13 

For Erection of the New Market House, in- 
cluding all materials and labor, and servi- 
ces of the Architect - - . _ 149,158 75 
For interest on Stock issued, and on all mon- 
eys borrowed by the Committee, from the 
commencement of the improvement up to 
the present time _ _ - _ 46,979 84 
For sundry miscellaneous expenses ; — in- 
cluding the salary of the Superintendent 

of this improvement, the charges on the 

Amount carried forward, 81,134,706 46 



25 



Amount hr ought forward gl, 134,706 46 
sales of the store lots at auction, the pay- 
ments for services of special watchmen, 
dnd various other small items . - 6,565 87 



$1,141,272 33 



The above amount of expenditure has been made by the 

Committee, as follows, viz ; — 

By the issue of Stock, being the present amount of the Fan- 
euil Hall Market debt - - - ^608,475 00 

By Cash, being the amount of moneys receiv- 
ed by the Committee, as per statement B. 532,797 33 



dfi 141 272 33 
Auditor's Office, JVov. 13, 1826. 

WM. HAYDEN, Jr. Auditor oj Accounts 



Statement B, 

It appears by the Books of the Committee on the Ex- 
tension of Faneuil Hall Market, that the amount of funds 
derived by the Committee exclusively from the improve- 
ment with which they were charged, is 753,122 52 

Which amount has arisen from the following sources, viz : 
Sales of store lots on North Market street 303,483 77 

Sales of store lots on South Market street 403,195 00 

Sale of a lot of land on the Roebuck passage 14,775 00- 
Sale of a lot of land on the street south of 

South Market street . - . . 5,015 00 

Sale of a lot of land north of the market, 5,000 00 

Sale of a lot of land on Butler's row - 3,610 00 



f 735,078 77 
Rents and sales of old buildings - - 9,565 05 
Interest on notes, and deposites in bank, - 5,019 68 
Sales of building materials and implements, re- 
maining on hand _ - - - 3,459 02 

$753,122 52: 

The above amount of income has been received by the 
committee as follows, viz : — 

In notes ---.-- 219,709 82 

Demand for slate sold, not yet paid, but good 

for the amount - - - - - 615 37 

In cash ' - 532,797 33 



S753,122 52 
Auditor's Office, Nov. 13, 1826. 

WM. HAYDEN, Jr. Auditor of Accounts. 



Statement C* 



Annual Interest on the Debt contracted for the Extension 
of Faneuil Hall Market. 

$ 138,650 00 at 6 per centum per annum, is 8,319 00 

7,000 00 at 5 1-2 " " 385 00 

18,000 00 at 5 1-4 '' " 945 00 

410,825 00 at 5 « *' 20,541 25 

5,000 00 at 4 3-4 " " 237 60 

11,000 00 at 4 1-2 " " 495 00 

18,000 00 at g3,89 per cent. " 700 20 



S00S,475 00 



Annual interest, $31,622 95 



Annual Interest on the Notes transferred to the City 
Treasurer, having been received for lands sold by the Com- 
mittee on the Extension of Faneuil Hall Market. 

8,250 00 at 6 per centum per annum, is 495 00 

8,247 38 at 5 1-2 "• «' 453 01 

203,212 44 at 5 « «' , 10,160 62 



1219,709 82 Annual interest, f 11,109 23 

Auditor's Office, JYov. 13, 1820. 

WM. HAYDEN. .Jr. Auditor of Account.^ 



Statement 1>. 

The whole funded debt of the city, drawing interest, ex- 
clusive of the debt contracted for the Extension of Fan- 
euil Hall Market, amounts to - - ^384,800 00 

The annual interest paid by the city, on the abovemention- 
ed debt of $384,800, is - - - |18,608 00 

Auditor's Office, JVov. 13, 1826. 

WM. HAYDEN, Jr. Auditor of Accounts, 



i 



Statement E. 

The income from the Stalls in the Old Faneuil Hall Mar- 
ket house, and the meat, vegetable and fish Stalls connect- 
ed therewith, has been, for the last four years, as follows, 
viz : — 

For the year ending June 1st, 1823 - 10,964 01 
" " June 1st, 18^4 - 12,010 04 

" " June 1st, 1825 - 13,248 22 

" " June 1st, 182G - 42,891 40 



|49,113 67 
Making an average annual income of ^^12,278 42. 
Auditor's Office, Nov. 13, 1826. 

WM. HAYDEN, Jr. Auditor of Accounts. 



JP. 



CITY OF BOSTON. 

City Treasurer's Office^ Nov. 13, 1826. 

Received of the Hon. Josiah Quincy, Mayor of the City 
of Boston, and Chairman of the Committee on the Exten- 
sion of Faneuil Hall Market, Forty-three several Notes of 
Hand, amounting, in the whole, to two hundred and nineteen 
thousand, seven hundred and nine dollars, ond eighty two 
cents, all bearing interest, at various rates, from five to six 
per centum per annum, and also a bill and receipt against 
the Pitts Street Congregational Society, amounting to six 
hundred and fifteen dollars, and thirty seven cents ; — the 
same being property transferred to the city, by the Commit- 
tee on the Extension of Faneuil Hall Market ; and to be 
held and accounted for by me, as property of the City of 
Boston. 

WM. MACKAY, City Treasurer. 

Notes, 219,709 82 
Demand, 615, 37 



.f220,325 19 



G. 

CITY OF BOSTON. 

Citij Treasurer'' s Office., Aov. 13, 1826. 

I certify that, on reckoniiis; an A.;.rount Current of Iiuer-* 
est upon monies borrowed from, and repaid to, the Com- 
mittee on the Extension of Faneuil Hall Market, there is a 
balance in favour of said Committee, and against the city^ 
amounting to three thousand nine hundred and forty-five dol- 
lars, a.id fifty-five cents, reckoning interest at the rate of 
four and a half per centum per annum, up to this date. 

WM. MACKAY, City Treasurer. 

$3,945 55. 



Jnf. 

The whole quantity of land purchased of individuals, in- 
cluding passage ways and streets not belonging to the city 

156,395 feet. 
The whole quantity of docks and flats filled up 
(excluding 3900 feet of Mill Creek in pro- 
posed 40 feet street) 126,417 feet. 



282,812 



The quantity of land under the Market House27,0125 feet 
The quantity of land under the South block of 

stores ---___ 33,800 feet. 
The quantity of land undor the North block of ^ 

stores -_.-__ 28,648 1-3 

The Kingsbury Estate, sold S. Hammond 1,448 feet. 

The land sold South of South stores, about 1,870 feet. 

The quantity of land for sale .North of North 

of stores, about - - 27,000 feet. 



119,779 2-12 



The quantity sold Hammond and Faxon, for- 
. merly in the Vegetable market and Dock 

Square, about - _ _ _ 2,968 feet. 
Land in Streets : 



The quantity of land in South Market street 53,843 feet. 
The quantity of land in North Market street 34,080 feet. 
The quantity of land in the street East of the 

Market 30,100 feet. 

The quantity of land in the street South of the 

South stores ----- 20,560 feet- 

Number of feet carried forward, 138,583 



'41 

JVuinher of feet hroui^ht fonvard, 138,583 
The quantity of land in a forty feet street Nortii 
of the North stores, including 3,900 feet of 
the Mill Creek - - . . 20,490 feet. 

The quantity to extend and widen Merchants' 
Row, from South block of stores to Ann 
street - - - - - - 5,120 feet. 

The quantity in a fifty feet street through Eustis' 

and Howard's wharves _ _ _ 2,742 feet. 

# 

Quantity of land in streets - - 166,935 feet. 



The quantity of flats and dock below the mar- 
ket, belonging to the city will probably be 142,000 feet. 

TJic foregoing calculations are made with as great accu- 
racy as the uncertainty of the lines of the estate will admit, 
and is correct in the general result. 

STEPHEN P. FULLER, Survet/or. 
Boston, JVov. 10, 1826. 



Faneuil Hall Market House is situated at the East end 

r of Faneni! Hall, between two streets called North and 

South r.ifirket streets, having two streets passing at right an- 

glc'= at tlso West and East fronts, the one being 76 feet, and 

the o-';m r at the East end making the Wharf «65 feet wide. 

Nor;, I Market street is G5 feet wide, the South 102 feet, 

each street having a range of stores four stories h:gh, 

with granite fronts, the range of stores on the North 

side 520 feet, and 55 feet deep, — on the South 530 

feet, and 65 feet deep, — an arched avenue in centre of 

each range 5 feet wide, communicating with the adjoining 

streets, —the facade of which is composed of piers, Ilntells, 

"*^ and arched windows on the 2d story. The roofs are slated, 

I and tlie cellars water proof. 

' The Market House in length is 535 feet 9 inches, in 
widih 50 feet, wholly built of granite, having a center 
budding 74 1-2 by 55 feet, projecting 2 1-2 feet in the 
Ni jih and South fronts. From the centre buildings are 
wings on each side, 173 by 50 feet, the wing continues 
from a projection of 6 inches, 46 feet 3 inches, and 51 feet 
in \vidth, on each facade of which are 5 antoes, projecting 6 
j"r'hes, fmishiiig with a portico at each end of building, pro- 
ji^'cting 11 i'e.rt 7 1-2 niches Tne porticos consist of 4 
coluni'i^, 3 1-2 i"eet diameter at base, and 2 feet 10 inches 
at ne. ;-:, each shaft in one piece, 20 feet 9 inches long, with 
' a capital of the Grecian Doric. The columns support a 
ppiliment, the l\n!|)anum of which has a circular wiijdow 
for veiililation. The wings are of 2 stories, the lower one 
14 fo;t, tne 'jpper 14 1-2 feet, the lower windows have 
(Circular heads. 



35 

The building is finished with a Grccliin coiiiice IG inches 
in depth, and 21 inches projection, worked in granite. 
The roof is slated, and copper gutters. 
The height of the wings from the side-walk to the top of 
the cornice is 31 feet. 

The facade of the centre building up to the underside of 
the 2d story windows is composed of five recesses of piers 
and arches of grooved ashler, on top of which are again form- 
ed recesses by antffis, supporting a frize and cornice, similar 
to the wing buildings ; in each recess is a circular headed 
window, the centre a Venetian ; on the top of the cornice 
is a blocking course, and an octagon attic, G feet higli, with 
two elliptical savvtells, surmounted by a dome covered with 
copper, and crowned by a lantern light. At each angle on 
top of the centre building is a pedestal, in which are placed 
the necessary (lues. 

The whole edifice is supported by a base of Quincy blue ~| 
granite, 2 feet 10 inches high, with arched windows and 
doors, communicating with the cellars. 

The building is approached by G steps of easy ascent, 
each wing has G doors. The centre building in the North 
and south front, a pair of folding doors, entering a passage 
10 feet wide, paved with brick, laid on ground arches, tlie 
wings have also a passage way of smaller dimensions to 
correspond. 

The principal entrances are from the East and West por- 
ticos, which communicate with the coridor, 512 feet long, 12 
feet wide, with entablatures, finished with a cove ceiling. 
The interior is divided into 128 stalls, and occupied as ] 
follows : viz: 14 for mutton, lamb, veal and poultry ; 2 for 
poultry and venison ; 19 for pork, lamb, butter and poul- 
try ; 40 for beef; 4 for butter and cheese ; 19 for vege_ 
tables; and 20 for fish. 

On the South frout are 4 door-ways opening to stair-cases, 



36 

leading to the 2d story, in the centre of which is a hall, 70 
by 50 feet, having a dome, springing from 4 segmental 
arches, ornamented with panels and rosetts, in the crown of 
which is an elliptical opening, 14 by 12 feet, through which 
s seen the sky-light, and part of the outer dome. 

The whole height of ih9 hall to the opening, or eye of the 
dome, is 46 feet. Each wing is divided into 2 halls by a 
brick partition, the smaller 44 by 47, the larger 173 by 47. 

The whole of the improvements have been completed 
within the space of 20 months, and occupy about 6 
acres, 2 perches 23 rods, the greater part of which has been 
reclaimed from the sea,by filling in earth at different periods. 

The cellar story is occupied for storage of provisions, and 
made perfectly water-proof. 



COMMITTEES 



ON THE 



EXTENSION OF FANEUIL HALL MARKET. 



Jtppointcd, March 1824. 

Josiah Quincy, Mayor. 

David W. Child, ^ 

Enoch Patterson, > Aldermen. 

Asher Benjamin, ) 

Theodore Dexter, 

Enoch Silsby, 

Ehphalet VViUiams, 

Peter C. Brooks, ^ Common Council. 

Benjamin Russell, 

Isaac Winslow, 

Lewis Tappan, 



Jlppointed.) May 1824 

Josiah Quincy, Mayor. 

David W. Child, ") 

Enoch Patterson, > Aldermen. 

Asher Benjamin, ) 

February, 1825 — Caleb Eddy appointed in place of Mr. 
Benjamin, resigned. 

Francis J. Oliver, President. 



34 



Benjamin Russell, "^ 

Charles P. Curtis, { 

Thaddeus Paeie, 1 /-. r^ •; 

Eliphalet VViJIiams, ' 

Joseph S. Hastings, 

Joseph Coolidge, 

July, 1824. — William Wright appointed in place of Mr 
Hastings resigned. 



./Appointed, May 1825. 

Josiah Quinc}'^, Mayor. 

George Blake, ^ 

Josiah Marshall, > Aldermen. 

John Bryant, ) 

Francis J. Oliver, President. 

Josei)h Coolidge, ^ 

Charles P. Curtis, | 

Eliphalet Williams, 1 ^-v ^ -i 

T ■ , cf o .• r Common Louncil^ 

Joseph b. JHastuigs, [ 

John R. Adan, [ 

Jeremiah S. Boies, J 



Jlpjjointed^ January 1826. 



Josiah Quincy, Mayor 
John Bellows. i 

Josiah ]\}ai shall, > 

Edvv'd H. Bobbins, ) 
John R. Adan, President. 
Charles P. Curtis. 
Joseph S. Hastings, 
Jeremiah S. Boies, 
Giles Lodge, 
L. P. Grosvenor, | 
Charles Barnard, J 



did er men. 



)■ Commom Council. 



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